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To: Box-By-The-Riviera™ who wrote (396752)11/1/2009 7:21:05 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 436258
 
Let's see, New York Federal Reserve gave banks that had credit default swaps with AIG 100% par value to retire the derivatives, essentially ignoring the market value.
Treasury offers (eventually) 182 billion to AIG paying off GS and MER among others.

300,000 small to mid size businesses are now in jeopardy due to a no count finance company which certainly brings future jobless claims into question - in a big way.

Could our priorities be any keener?